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  3. Study Set
    Principles of Macroeconomics Study Set 8
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    Exam 8: Application the Cost of Taxation: The Deadweight Loss of Taxation
  5. Question
    Figure 8-9 the Vertical Distance Between Points a and C Represents a Represents
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Figure 8-9 the Vertical Distance Between Points a and C Represents a Represents

Question 169

Question 169

Multiple Choice

Figure 8-9
The vertical distance between points A and C represents a tax in the market. Figure 8-9 The vertical distance between points A and C represents a tax in the market.   -Refer to Figure 8-9.The imposition of the tax causes the price paid by buyers to A) increase from $600 to $800. B) increase from $300 to $800. C) decrease from $600 to $300. D) remain unchanged at $600.
-Refer to Figure 8-9.The imposition of the tax causes the price paid by buyers to


A) increase from $600 to $800.
B) increase from $300 to $800.
C) decrease from $600 to $300.
D) remain unchanged at $600.

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